Foundations of Economic Analysis |
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Page 213
... expression positive . If it could , he says , it would be possible to arrange things so that each term in the expression could be made positive , and then everyone would be better off . But the expression cannot be made positive . Ac ...
... expression positive . If it could , he says , it would be possible to arrange things so that each term in the expression could be made positive , and then everyone would be better off . But the expression cannot be made positive . Ac ...
Page 214
... expression of ( 5 ) be regarded as the exact differential of some expression ? Ac- tually , Pareto later gives a name to this expression , calling it §U ; but is there an expression U ( social utility ? ) of which this is an exact ...
... expression of ( 5 ) be regarded as the exact differential of some expression ? Ac- tually , Pareto later gives a name to this expression , calling it §U ; but is there an expression U ( social utility ? ) of which this is an exact ...
Page 216
... expression in ( 8 ) can be regarded as the variation in the following expression when prices are regarded as constants : Φ = A + PoB + ( 9 ) If productive services were known to be constant so that they could be neglected , ( 9 ) would ...
... expression in ( 8 ) can be regarded as the variation in the following expression when prices are regarded as constants : Φ = A + PoB + ( 9 ) If productive services were known to be constant so that they could be neglected , ( 9 ) would ...
Contents
INTRODUCTION | 3 |
Illustrative Tax Problem | 14 |
THE Theory of Maximizing BEHAVIOR | 21 |
Copyright | |
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a₁ algebraic amount analysis arbitrary assumed assumption behavior chapter coefficients commodity comparative statics competition conditions of equilibrium constant consumer consumer's defined demand curve demand functions determined difference equations differential equations discussion dynamic economic theory economists equal equi expression extremum fact factors of production finite firm formal G. D. Birkhoff given Hicks implies independent index numbers indifference curves individual initial conditions interest involved isoquant J. R. Hicks librium linear marginal cost marginal utility matrix maximize maximum minimum motion negative definite numeraire optimal optimum output parameter partial derivatives perfect competition polynomial positive possible preference field principal minors problem production function quadratic form quantity rationing relations respect result roots solution stability theorem tion transformation unique utility index utility of income values vanish variables welfare economics written zero Σ Σ дх